The company was originally formed as a partnership firm under the Indian Partnership Act, 1932 in the name of ‘Oswal Seeds and Chemicals’ pursuant to a deed of partnership dated July 29, 2002. Oswal Seeds and Chemicals, was thereafter converted from a partnership firm to a public limited company under Section 366 of the Companies Act, 2013 with the name of ‘ShreeOswal Seeds and Chemicals Limited’ and received a fresh certificate of incorporation from the Registrar of Companies, Central Registration Centre, on December 01, 2017. The company is an ISO 22000:2005 certified Company.
Business area of the Company:
The company is engaged in the business of production, processing and sale of different kind of agricultural seeds, maize and soyabean. The company processes various kinds of seeds at their processing unit located at Neemuch, Madhya Pradesh. They process 5 varieties of wheat seeds, 5 varieties of soya bean seeds, 3 varieties of Mustard seeds, 1 variety of black gram, 1 variety of corn seeds and 1 variety of isabgol/psyllium. The products are marketed under the brand name of OSWAL. The majority of the sales are through their own Brand which contributed 66.00 %, 85.32 %, and 95.25 % respectively to the total sales for the financial year ended March 31, 2015, 2016, and 2017 respectively.
Major Events & milestones:
- 2002: Commencement of business under the Partnership firm Oswal Seeds and Chemicals by way of a partnership deed dated;- July 29, 2002, between Anil Kumar Nahata and Sanjay Kumar Baigani.
- 2015: Increase in production capacity from 1000 tonnes to 22,500 tonnes.
- 2017: Awarded most promising MSME in Madhya Pradesh leadership series, presented by Union Bank Of India.
- 2017: Conversion from partnership firm to public limited Company in the name and style of ‘ShreeOswal Seeds and Chemicals Limited’.
- 2018: ISO 22000:2005 Certification for Food Safety Management System.